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Reddit Goes Full Redditard with Reddit Notes

In February of 2013, Reddit began accepting bitcoin for Reddit Gold. The company then went on to hire Ryan X. Charles as a Cryptocurrency Engineer, tasked with a secret project revealed today as Reddit Notes.

The company recently raised $50 million, which could be the result of the company's inability to remain profitable long term, as the company closed the 2013 fiscal year in the red, resulting in the "daily reddit gold goal" meter. Now being valued at $500 million, the company stated its desire to give back 10% of its equity to its user base via cryptocurrency.